How can we use the EB-5 capital for a factory we are setting up in a TEA?

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We are about to set up a factory in Buffalo, NY (Targeted Employment Area). We expect to hire 50 people for 3 years under a contract manufacturing PO for a federal contract. Do we need to set up a regional center to use the EB-5 capital? How long will it take to set up the regional center in this case? If not, what are our options?

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Answers

Lynne Feldman

Find an EB-5 Visa Lawyer: Immigration Attorney

Answered on October 30, 2023

If you want to use more than one foreign investor, you will need to either set up your own Regional Center or hook up with one that is already approved.

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